News

After Driving Down Oil, Saudi Arabia’s MBS Looks for Trump Dividend
Donald Trump and Saudi Arabia's MBS both want to monetize their relationship. It just might not be in the way Trump had ...
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion, down 4.6% from the prior year.
Saudi Arabia Rekindles Oil Price War: Another Epic Miscalculation?
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
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Saudi Arabia Spends Like Oil’s Still at $90
Riyadh may tighten spending or raise taxes, while analysts warn the deficit could exceed $67 billion if Brent averages $62 ...
Trump Wants Saudi Arabia to Invest Its Money in the U.S. All of It.
President Trump goes to the Gulf kingdom this week seeking $1 trillion worth of investments in the United States — a sum ...
Oil market 'smile' suggests Saudi Arabia's output shift was well timed
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
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Trump's Middle East Mission: Oil Diplomacy and Geopolitical Gambits
President Donald Trump visits Saudi Arabia, discussing Iran's nuclear program, oil pricing, and the Middle East's political ...
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U.S. Shale Industry Braces for Increased Saudi Oil Production
Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.